Note - from June 24th 2009, this blog has migrated from Blogger to a self-hosted version. Click here to go straight there.
The broad market - the ASX All Ordinaries (XAO - go on, click on it... you know you want to see an Index RantChart)
- rose by 2.50 points (0.06%), finishing at 4338.10 points. The index
hit an intraday high of 4346.60 at 2 p.m. (barely surpassing
the 1 p.m. level) after dipping to its intraday low at 4326.1
(4325-ish) at 10:15 a.m. Sydney time. yet agai9n, a close in pretty much the mid-point of the day's range.
Total volume traded on the ASX was a solid 920 million units, although volume has been pretty high of late, since today's is 6.0% below the recent 10-day average. Of the 483 stocks in All Ords index, things were slightly tilted to the gainers (as far as the stocks that moved were concerned) - 180 rose while 165 fell. Volume was tilted in favour of the losers by a margin of 1.6:1, with 325.16 million shares traded in losers while 208.21 million shares traded in the day's gainers.
The Index that forms the cash basis for the SFE's Share Price Index Futures - the S&P/ASX 200 (XJO) - rose by 1.70 points (0.04%), finishing at 4380.50 points. I was really hoping that the index would hit (or test, or nudge, or sidle up to, or somehow contact) 4400 today, since I had prepared a whole swag of snarky comments about over-rated sci-fi/UFO shows and their relationship to the market. ('The 4400' makes its reappearance on TV tonight).
Actually I hadn't prepared a swag of snarky comments... but wouldn't it have been neat if I had, and the index had made it to 4400? It would've like, totally been.... like, just amazing?
The "heavy hitters" of the Australian market - the ASX 20 Leaders (XTL) - rose by 2.20 points (0.09%), finishing at 2352.60 points. Within the index members, there were 11 that rose, and 9 losers. Total volume in rising issues within the ASX20 amounted to 48.61 while volume in the losers totalled 34.79m units.
The major winners in the "big guns" were -
- QBE Insurance Group (QBE), +$0.140 (0.84%) to $16.760 on volume of 1.77m shares;
- Telstra Corporation (TLS), +$0.040 (0.78%) to $5.140 on volume of 19.52m shares;
- Alumina (AWC), +$0.040 (0.7%) to $5.750 on volume of 4.78m shares;
- St George Bank (SGB), +$0.180 (0.67%) to $26.950 on volume of 1.72m shares; and
- Rio Tinto (RIO), +$0.300 (0.63%) to $47.660 on volume of 1.85m shares.
The following stocks made up the biggest percentage losers in the big-guns:
- Foster's Group (FGL), -$0.06 (1.07%) to $5.54 on volume of 5.2m shares;
- Amcor (AMC), -$0.05 (0.71%) to $6.96 on volume of 2.41m shares; and
- News Corporation (NWS), -$0.13 (0.56%) to $23.11 on volume of 1.35m shares; and
- Westfield Group (WDC), -$0.09 (0.51%) to $17.48 on volume of 2.78m shares; and
- News Corporation (NWSLV), -$0.11 (0.5%) to $21.85 on volume of 1.1m shares.
At the smaller end of the market's capitalisation scale, the ASX Small Ordinaries Index (XSO) - the only place where underexploited value exists with any regularity - rose by 4.00 points (0.16%), finishing at 2459.90 points. The major winners in the "pop-guns" were -
- Baycorp Advantage (BCA), +$0.580 (18.01%) to $3.800 on volume of 6.6m shares;
- Chemeq (CMQ), +$0.120 (11.32%) to $1.180 on volume of 1.14m shares; and
- Metabolic Pharmaceuticals (MBP), +$0.060 (9.68%) to $0.680 on volume of 1.94m shares; and
- Genetic Technologies (GTG), +$0.035 (8.86%) to $0.430 on volume of 1.45m shares; and
- Coffey International (COF), +$0.230 (8.3%) to $3.000 on volume of 132,000 shares.
The losingest-little-guys for the session were (in order of decline):
- Multiemedia (MUL), -$0.004 (14.81%) to $0.023 on volume of 158.6m shares;
- Croesus Mining (CRS), -$0.020 (5.48%) to $0.345 on volume of 4.22m shares; and
- Virotec International (VTI), -$0.035 (4.05%) to $0.830 on volume of 609,000 shares; and
- Nylex (NLX), -$0.010 (3.85%) to $0.250 on volume of 2.12m shares; and
- Macquarie Communications Infrastructure Group (MCG), -$0.240 (3.56%) to $6.500 on volume of 1.01m shares.
| Index Changes | |||||
| Code | Name | Close | +/- | % | Volume |
| XAO | All Ordinaries | 4338.1 | 2.5 | 0.06% | 662.68m |
| XTL | S&P/ASX 20 | 2352.6 | 2.2 | 0.09% | 83.4m |
| XFL | S&P/ASX 50 | 4317.9 | 2 | 0.05% | 174.22m |
| XTO | S&P/ASX 100 | 3556 | 1.2 | 0.03% | 304.39m |
| XJO | S&P/ASX 200 | 4380.5 | 1.7 | 0.04% | 393.73m |
| XKO | S&P/ASX 300 | 4372.7 | 2 | 0.05% | 0 |
| XMD | S&P/ASX Mid-Cap 50 | 4227.5 | -1.2 | -0.03% | 0 |
| XSO | S&P/ASX Small Ordinaries | 2459.9 | 4 | 0.16% | 305.53m |
All Ordinaries Market Internals
| Market Breadth | ||||||
| ASX20 | XTO | XJO | XAO | XSO | Market | |
| Advances | 11 | 47 | 83 | 180 | 73 | 467 |
| Declines | 9 | 39 | 83 | 165 | 77 | 428 |
| Advancing Volume | 48.61m | 134.21m | 158.44m | 208.21 | 58.28 | 335.41 |
| Declining Volume | 34.79m | 117.38m | 148.33m | 325.16 | 203.37 | 470.96 |
S&P/ASX200 GICS Sector Indices
Note
that clicking on the sector index code now pops up a little chart. I
would greatly appreciate it if folks would let me know if they are slow
in loading (particularly for those with dial-up connections).
The top sector for the day was XIJ Information Technology which gained 2.61% to 412.30 points. The sector was helped by
- Baycorp Advantage (BCA), +$0.580 (18.01%) to $3.800 on volume of 6.6m shares;
- Infomedia Ltd (IFM), +$0.005 (0.83%) to $0.605 on volume of 432,000 shares;
- IRESS Market Technology (IRE), +$0.020 (0.46%) to $4.370 on volume of 145,000 shares;
- Computershare (CPU), +$0.010 (0.16%) to $6.110 on volume of 2.66m shares; and
- MYOB (MYO), -$0.000 (0%) to $1.100 on volume of 350,000 shares.
Second in the sector leadership stakes was XTJ Telecommunications which gained 0.93% to 1828.30 points. The sector leaders were -
- Telecom Corporation Of New Zealand (TEL), +$0.100 (1.77%) to $5.740 on volume of 1.36m shares; and
- Telstra Corporation (TLS), +$0.040 (0.78%) to $5.140 on volume of 19.52m shares.
The bronze today went to XXJ ASX200 Financials ex Property Trusts which gained 0.14% to 5284.60 points. The sector was led by
- FKP Property Group (FKP), +$0.120 (3.75%) to $3.320 on volume of 1.2m shares;
- Australand Property Group (ALZ), +$0.045 (3.01%) to $1.540 on volume of 2.85m shares;
- IOOF Holdings (IFL), +$0.180 (2.61%) to $7.080 on volume of 69,000 shares;
- Adelaide Bank (ADB), +$0.280 (2.33%) to $12.280 on volume of 209,000 shares; and
- Australian Stock Exchange (ASX), +$0.250 (0.97%) to $25.950 on volume of 685,000 shares.
The worst-performed sector today was XSJ Consumer Staples which lost 0.39% to 5703.10 points. The sector was dragged lower by
- Foodland Associated (FOA), -$0.330 (1.2%) to $27.260 on volume of 223,000 shares;
- Burns, Philp & Company (BPC), -$0.010 (1.09%) to $0.905 on volume of 2.26m shares;
- Foster's Group (FGL), -$0.060 (1.07%) to $5.540 on volume of 5.2m shares;
- Ridley Corporation (RIC), -$0.015 (1.03%) to $1.440 on volume of 335,000 shares; and
- AWB (AWB), -$0.040 (0.81%) to $4.900 on volume of 412,000 shares.
Just in front of last place on the sector table was XNJ Industrials which lost 0.22% to 5175.70 points. The sector was pulled down by
- Australian Infrastructure Fund (AIX), -$0.060 (2.33%) to $2.520 on volume of 828,000 shares;
- Spotless Group (SPT), -$0.110 (1.98%) to $5.440 on volume of 582,000 shares;
- Adsteam Marine (ADZ), -$0.030 (1.41%) to $2.100 on volume of 1.11m shares;
- United Group (UGL), -$0.130 (1.35%) to $9.490 on volume of 110,000 shares; and
- Macquarie Airports (MAP), -$0.040 (1.22%) to $3.250 on volume of 26.72m shares.
| Sector Indices | |||||
| Code | GICS Sector | Close | +/- | % | Volume |
| XIJ | Information Technology | 412.3 | 10.5 | 2.61% | 12.25m |
| XTJ | Telecommunications | 1828.3 | 16.9 | 0.93% | 20.89m |
| XXJ | ASX200 Financials ex Property Trusts | 5284.6 | 7.2 | 0.14% | 53.43m |
| XFJ | Financials | 5155.4 | 3.7 | 0.07% | 119.79m |
| XHJ | Healthcare | 5433.5 | 2.4 | 0.04% | 11.28m |
| XMJ | Materials | 7701.1 | 3.2 | 0.04% | 91.83m |
| XUJ | Utilities | 5024 | -3.2 | -0.06% | 3.03m |
| XEJ | Energy | 9847.6 | -7.5 | -0.08% | 17.62m |
| XDJ | Consumer Discretionary | 2299.8 | -3 | -0.13% | 21.81m |
| XPJ | Property Trusts | 1799.3 | -2.9 | -0.16% | 69.14m |
| XNJ | Industrials | 5175.7 | -11.2 | -0.22% | 80.92m |
| XSJ | Consumer Staples | 5703.1 | -22.1 | -0.39% | 32.76m |
All Ordinaries Major Movers
| All Ords Volume Leaders | |||||
| Code | Name | Close | +/- | % | Volume |
| CRT | Consolidated Rutile | 0.64 | 0.03 | 4.07% | 26.98m |
| MAP | Macquarie Airports | 3.25 | -0.04 | -1.22% | 26.72m |
| TLS | Telstra Corporation | 5.14 | 0.04 | 0.78% | 19.52m |
| BHP | BHP Billiton | 19.19 | -0.03 | -0.16% | 14.32m |
| MXG | Multiplex Group | 2.9 | 0.02 | 0.69% | 11.38m |
| MIG | Macquarie Infrastructure Group | 4.04 | -0.01 | -0.25% | 10.14m |
| All Ords Percentage Gainers | |||||
| Code | Name | Close | +/- | % | Volume |
| BOC | Bougainville Copper | 0.98 | 0.16 | 18.9% | 582885 |
| BCA | Baycorp Advantage | 3.8 | 0.58 | 18.01% | 6.6m |
| CMQ | Chemeq | 1.18 | 0.12 | 11.32% | 1.14m |
| TRY | Troy Resources | 2.7 | 0.24 | 9.76% | 58900 |
| MBP | Metabolic Pharmaceuticals | 0.68 | 0.06 | 9.68% | 1.94m |
| All Ords Percentage Decliners | |||||
| Code | Name | Close | +/- | % | Volume |
| MUL | Multiemedia | 0.023 | -0.004 | -14.81% | 158.6m |
| MST | Metal Storm | 0.17 | -0.02 | -8.33% | 719604 |
| CRS | Croesus Mining | 0.35 | -0.02 | -5.48% | 4.22m |
| CMP | Compumedics | 0.18 | -0.01 | -5.26% | 708100 |
| VTI | Virotec International | 0.83 | -0.04 | -4.05% | 608892 |
Elsewhere in the Region...
| Regional Indices | |||||
| Country | Name | Close | +/- | % | Volume |
| New Zealand | NZSE50 | 3348.232 | 19.16 | 0.58% | 30.43m |
| Japan | Nikkei 225 | 11737.96 | -24.69 | -0.21% | 0 |
| Korea | KOSPI | 1090.6 | 0.9 | 0.08% | 686306 |
| Singapore | Straits Times | 2322.64 | 13.03 | 0.56% | 0 |
| Hong Kong | Hang Seng | 14764.32 | -29.71 | -0.2% | 155m |
| Malaysia | KLSE Comp | 935.94 | -3.9 | -0.41% | 0 |
